Toyota 2000GT
 

Have always lusted after a 2000 GT. Would like opinions on how good of an investment you think it would be. I think it would be a great companion to my LFA.

Certainly a fun idea.

A few years back these were 7 figure cars.

There are 2 currently listed by Hemmings that are worthy possible targets.

https://www.hemmings.com/classifieds.../toyota/2000gt

The target price for the restored one ($600 to $700K) felt low to me but perhaps the market has slipped (no idea why).

The second one probably has a big number as it is a very low mile car.

It would be reasonable to assume that future collectors would like a 200GT conveniently paired with an LFA.

The thing is, would you be better off putting the money it would take to acquire a 2000GT to use with some 60s 12 cylinder Ferraris and Lambos that might have stronger appreciation rates.

Why would the classic market tank?

What I have found is that I make money, no matter what moron is in the White House.

The super haves (the 0.5% and above) are doing/will do great, and they like having such toys to enjoy and/or show to friends.

It is all about the car you pick.

I worked at a Big Biotech in MA for most of my career. This one guy near the top or the org chart was an amazing picker (275 GTB alloy body, DB4 supercharged convertible, 300SL Gull wing, all purchased ahead of their price trajectory changes upward).

You only lose money if you have to sell. Market always comes back. If you can add to your collection while market is down its even better. I plan on adding a new “hyper car” next downturn.

Wow! Those are some incredible price estimates for this car. Pity the Hemmings one's are yellow......the white James Bond one would be simply awesome!

My sense is he may pointing to scenarios where the owner opts to part out the car and the issues that may ensue.

I continue to say the folks with real coin (business owners, big family money, entrepreneurs) will always be able to participate in collector car ownership.

If you keep to the brands these folks gravitate to and then find the models they dial into you should be fine (again the 275 GTB being an easy to understand model).

What is a bit unclear for the moment is how disruptive McLaren will be to the overall super car space. They pump models and upgrades out kinda too fast. Their quality system ain't resembling Toyota, Honda, Nissan. But their ability to get better performance and dial into the customer preference has been amazing (720S faster than Sean Penn can light up a smoke, ideal visibility, snazzy interior) and is likely to move some of the long term market into their corner.

If you love it, get it. Simple as that.

I'd never buy something like this as an investment, so I'm probably the wrong person to opine on this topic. Now if you're asking for opinions on how protected the value is, I'd just say I'd always be hesitant about buying a collectible that recently tripled in value - and in such a short time period, to boot (auctions from <400k to >1M in 4-5 years?).

I missed out on this one...https://bringatrailer.com/listing/1967-toyota-2000-gt/ That one was fully restored I believe...

Since it was in Costa Rica, it must be Javier Quiro's 2000 GT. He also owns the only LFA (red) in Costa Rica. He also is a personal friend of Akio Toyoda.

Yes, that's the one Quiros restored - I saw it when I visited him in Costa Rica. IIRC he bought it from Africa of all places.